Australian enterprise-software company. Launched in 2002 with a credit-card loan and no venture-capital backing. Listed on the Nasdaq in 2015 and, despite a 70% decline in its share price over the past year amid the wider sell-off in software stocks, is still worth $16bn. Many alumni of the firm have gone on to build startups of their own: Dovetail, a developer of customer-analysis software, was built by two former employees.
In early 2026 Atlassian said it would sack 1,600 staff, roughly 10% of its total, including around 480 in Australia. Some bosses argue that the firings reflect the efficiency gains brought by artificial intelligence. The more likely explanation is that, as in Silicon Valley, the company over-hired during the pandemic-era boom.
Of course it's possible to love a human being if you don't know them too well.